Shanghai Jin Jiang and Legend Capital could hypothetically lose out, after a letter from SoftBank raised doubts over an agreed $3bn share tender.

Meituan Dianping's budget hotel spinoff has secured an eight-figure dollar sum, in a round co-led by Sofina Group and GGV Capital.

The Lloyds Banking subsidiary has backed e-commerce fulfilment platform developer James and James, providing $15.5m in funding.

Corporates Tencent and SoftBank invested in a $2.41bn round raised by real estate platform Beike Zhaofang at a reported $14bn valuation. The transaction is part of the broader real estate tech space which has seen a surge in valuations in recent years.

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

Recruit was among the participants as the hospitality software producer raised funding that will go to technology development.

Axa Venture Partners led the $12m second close of a $22m round for AI-equipped sales intelligence platform developer Cognism.

CapitalG co-led a series C round for Everlaw, developer of a legal information search product, which has now secured more than $96m in total.

The Marcus & Millichap and Axel Springer-backed rental real estate portal has completed its series D round to bring its overall equity funding to more than $150m.

Rocket Internet-backed Goodlord has taken its total funding past $22m having raised more than $12.4m in a round led by venture firm Finch Capital.